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Cable Update (GBPUSD)

  • #418,921
  • Sep 1, 2015 9:57am Sep 1, 2015 9:57am
Quoting cheersdup
{quote} Dano always delivers the perfect elliot counts for me. It's like he's a bot made for double checking my readings. I don't always agree with him but his counts tend to open doors that I could not see for those secondary and tertiary counts.
profit was important to TP sooner or later
  • #418,922
  • Sep 1, 2015 12:53pm Sep 1, 2015 12:53pm
you have been warned when it was around 1.5750 ...when Rambo calls for short ...short all in dont buy this toliet paper ..only sell at high my traget coming ...57-56-55-54-53- done next 52
  • #418,923
  • Sep 1, 2015 1:27pm Sep 1, 2015 1:27pm
Quoting rambo12
you have been warned when it was around 1.5750 ...when Rambo calls for short ...short all in dont buy this toliet paper ..only sell at high my traget coming ...57-56-55-54-53- done next 52
Great call Mambo.
  • #418,924
  • Sep 2, 2015 12:29am Sep 2, 2015 12:29am
what my chart say...
Attached Image (click to enlarge)
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Tatargaluh parahiyangan
  • #418,925
  • Sep 2, 2015 1:00am Sep 2, 2015 1:00am
[quote=Davit;8468674]funny how some draw red arrows to 1.35 2008 crash and expect price to get there since he drew a red arrow it means market and fundamentals must agree!! Stupidity of some has no limits. {image}[/quote

Sir ,i have my reasons to go short on this pair ..it deosnot matter for me either you accept or not ......but i respect your views and others too ....you ,piptrapper,dano12 ,elbert3..some other friends ..
Attached Image (click to enlarge)
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  • #418,926
  • Sep 2, 2015 1:13am Sep 2, 2015 1:13am
Many in my opinion draw trend lines incorrectly, draw it from peaks in a down trend but do not connect another peak unless it has made a lower low, if the peak cannot make a lower low then that area will be taken out.........Then connect the two latest peaks. Price on cable has come down at a rapid rate on the daily chart big imbalance from the tops, with no rest or retrace, I like!!
  • #418,927
  • Sep 2, 2015 1:21am Sep 2, 2015 1:21am
Quoting Davit
funny how some draw red arrows to 1.35 2008 crash and expect price to get there since he drew a red arrow it means market and fundamentals must agree!! Stupidity of some has no limits. {image}
Cloggie you are not lol - muppet or no muppet

This is a place for free expression so who the hell are you too say whats right or not with another trader.
  • #418,928
  • Sep 2, 2015 2:01am Sep 2, 2015 2:01am
152.695 area i will be looking for a bounce
  • #418,929
  • Sep 2, 2015 2:07am Sep 2, 2015 2:07am
BUY
1.5280
Stake
Stop
([COLOR=#EC174A !important]–[/color]/[COLOR=#0076C0 !important]–[/color])
Guaranteed Stop
Set Trailing Stop
Limit
([COLOR=#EC174A !important]1.49358[/color]/[COLOR=#0076C0 !important]1.56776[/color])P/L Ł[COLOR=#0076C0 !important]8,510.00[/color]
Hedging
Margin required for trade:
805.00 GBP
  • #418,930
  • Sep 2, 2015 2:09am Sep 2, 2015 2:09am
Quoting iaveight
152.695 area i will be looking for a bounce
Attached Image (click to enlarge)
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see the red line 5269 ??
  • #418,931
  • Sep 2, 2015 2:11am Sep 2, 2015 2:11am
Attached Image (click to enlarge)
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watch for fail ,
  • #418,932
  • Sep 2, 2015 2:12am Sep 2, 2015 2:12am
Quoting elbert3
{quote} {image} see the red line 5269 ??
hehe yep, mine was taken off the monthly and monthly fib levels not to mention the rapid move down, and demand areas there..4 hour bull div been in play a long while
  • #418,933
  • Sep 2, 2015 2:22am Sep 2, 2015 2:22am
Quoting iaveight
{quote} hehe yep, mine was taken off the monthly and monthly fib levels not to mention the rapid move down, and demand areas there..4 hour bull div been in play a long while
Attached Image (click to enlarge)
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so many scalp targets trying to catch the end but 5170 is still on i think
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  • #418,934
  • Sep 2, 2015 2:34am Sep 2, 2015 2:34am
And when did anyone ever see Builders working in the month of August.

Sold 154 yesterdays Asia - waiting for the 152 Bounce or near .. 152 500 maybe lets see.

Meetings at BAFTA this morning if you know what i mean
  • #418,935
  • Sep 2, 2015 2:59am Sep 2, 2015 2:59am
[quote=rambo12;8468720]
Quoting Davit
funny how some draw red arrows to 1.35 2008 crash and expect price to get there since he drew a red arrow it means market and fundamentals must agree!! Stupidity of some has no limits. {image}[/quote Sir ,i have my reasons to go short on this pair ..it deosnot matter for me either you accept or not ......but i respect your views and others too ....you ,piptrapper,dano12 ,elbert3..some other friends .. {image}
Personally, I agree but for different technical reasons.

Fundamentally, Carney and his Minions at the BOE have been talking up the Pound quite aggressively these past weeks/months.
I've noticed that whenever that lying crook in a cheap suit does this, the Pound TANKS big time.

sooo....
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #418,936
  • Sep 2, 2015 3:14am Sep 2, 2015 3:14am
Todays email if anybody interested

Bloomberg: ‘Speaking at the Federal Reserve symposium in Jackson Hole, Wyoming, on Aug. 29, BOE Governor Mark Carney signaled early 2016 remains a possible starting point for U.K. interest-rate increases. Analysts said ECB President Mario Draghi may indicate officials stand ready to expand or extend their stimulus program when he speaks at a press conference after this month’s ECB’s policy meeting on Sept. 3.’
LCG: ‘Having closed below its 200d MA, GBPUSD extends weakness toward the next support 1.5248 (Fib 50% on Apr-Jun recovery). Trend and momentum indicators are comfortably negative. Traders are likely to remain seller on rallies below 1.5375/1.5400 supply zone. Vanilla puts are placed at 1.5320/25 for today’s expiry.’

GBPUSD
Market price 1.5286
Bearish below 1.5375
Preferred case: bearish with resistance at 1.5375, drop expected to 1.5250 before 1.5215.
Alternative case: if 1.5375 surpassed, rise to 1.5410 before 1.5490 max 1.5580 mid-term resistance.
  • #418,937
  • Sep 2, 2015 3:22am Sep 2, 2015 3:22am
Quoting Kajos2250
{quote} let us give a chance for bulls again, buy stop .5428, sl 50pip, target ~5550...
Chance for bulls again .5225 buy stop, sl 50pip...
Anything is math!
  • #418,938
  • Sep 2, 2015 3:25am Sep 2, 2015 3:25am
you remember they opened 7 brick company's that closed for the demand , and last weeks post ,, houses were being built again but not enough to supply demand, mortgage lending was up, house prices up,, will cable be up, here is the news
  • #418,939
  • Sep 2, 2015 3:31am Sep 2, 2015 3:31am
Quoting elbert3
you remember they opened 7 brick company's that closed for the demand , and last weeks post ,, houses were being built again but not enough to supply demand, mortgage lending was up, house prices up,, will cable be up, here is the news
.2 red mmmm depends how they see it , holiday adjustment ??
  • #418,940
  • Sep 2, 2015 3:42am Sep 2, 2015 3:42am
@elbert : tnx for your information
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